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Share Name | Share Symbol | Market | Type |
---|---|---|---|
WidePoint Corporation | AMEX:WYY | AMEX | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.03 | -1.44% | 2.05 | 2.21 | 2.05 | 2.11 | 42,474 | 23:30:16 |
MCLEAN, Va., March 19, 2015 /PRNewswire/ -- WidePoint Corporation (NYSE Mkt: WYY) a leading provider of Managed Mobility Services (MMS) specializing in Cybersecurity and Telecommunications Lifecycle Management (TLM) solutions, announced today that its subsidiary iSYS LLC has received a Task Order renewal from the Department of Homeland Security Headquarters (DHS‑HQ) and a new Task Order from OBIM. Both Task Orders were issued under the Department of Homeland Security (DHS) Cellular Wireless Managed Services (CWMS) Blanket Purchase Agreement (BPA). The renewal is worth a total of $17 million if all options are exercised and is for one base year worth $5.9 million and two option years. The new order from OBIM is for one base and two option years and a total value of nearly $700,000 if all options are exercised.
Jin H. Kang, chief operations officer of WidePoint, said, "As we continue to communicate the benefits available to other Department of Homeland Security component agencies under the CWMS BPA, it is gratifying to receive not only new Task Orders, but renewals on existing orders. WidePoint's managed mobility services, which are available to all DHS component agencies under this BPA, can help agencies reduce and contain costs, increase efficiencies, and improve the productivity of mobile workers. We are pleased to continue our support of DHS-HQ and OBIM in helping them manage their mobility assets."
"WidePoint is continuously focused on helping our federal customers save money and improve the efficiency of their mobility programs, and our efforts are validated when we see renewals of existing Task Orders coming in along with new awards," said Steve L. Komar, chief executive officer & chairman of WidePoint Corporation. "We are pleased to see the continued growth of our federal business under the CWMS BPA. WidePoint is uniquely qualified to address the convergence of the identity management and mobile communications environments, providing secure solutions that give federal agencies and commercial enterprises alike the ability to empower their mobile workforces while managing risk, improving control, and optimizing costs."
About WidePoint
WidePoint (NYSE Mkt: WYY) is a leading provider of secure, cloud-delivered, enterprise-wide information technology-based solutions that can enable enterprises and agencies to deploy fully compliant IT services in accordance with government-mandated regulations and advanced system requirements. WidePoint has several major government and commercial contracts. For more information, visit www.widepoint.com.
Jim McCubbin, EVP & CFO |
Brett Maas or David Fore |
WidePoint Corporation |
Hayden IR |
7926 Jones Branch Drive, Suite 520 |
(646) 536-7331 |
McLean, VA 22102 |
brett@haydenir.com |
(703) 349-2577 |
|
jmccubbin@widepoint.com |
|
Media Contact: Meredith Esham (703) 349-2577, ext. 127 mesham@widepoint.com |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/widepoint-subsidiary-isys-receives-new-task-order-and-task-order-renewal-under-the-600-million-dhs-cellular-wireless-managed-services-blanket-purchase-agreement-300052953.html
SOURCE WidePoint Corporation
Copyright 2015 PR Newswire
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